In December, 30 percent of companies in the SBEI increased hiring, 50 percent made no change to staff totals, and 20 percent cut payroll totals. Industries that showed gains in employment include Real Estate, Manufacturing, Health Care, Retail and Non Profits, both of which are seasonal. Regionally, all four sectors across the country saw employment improve.

1. WWW.CBIZ.COM
SMALL BUSINESS
EMPLOYMENT INDEX
DECEMBER 2016
30% of companies in the SBEI increased hiring, 50% made no changes,
and 20% decreased staff.
“This December’s reading seems to indicate that some of the economic optimism we’ve seen recently may be
translating down to small business hiring. For the most recent report, our SBEI tracked with NFIB’s optimism
index post-election, which showed a significant improvement in optimism among small business owners which
is expected to translate into increased capital and labor investments in the New Year.”
–Philip Noftsinger, President of CBIZ Employee Services Organization
TRENDING BY REGION
INCREASED DECREASED NO CHANGE
-0.28%
-0.82%
-0.23%
-1.61%
-0.17%
1.60%
6 MONTH OVERVIEW
JUL AUG SEP OCT NOV DEC
DECEMBER AT A GLANCE
50%
NO
CHANGE
30%
INCREASED
STAFFING
20%
DECREASED
STAFFING
TRENDING BY INDUSTRY
INCREASED DECREASED NO CHANGE
MANUFACTURINGREAL ESTATENON-PROFITS ENTERTAINMENT
& RECREATION
HEALTHCARE SCIENTIFIC
SERVICES
PROFESSIONAL
SERVICES
RETAIL TECHNICAL
SERVICES
2.38%
0.61%
1.72%
1.58%